Answer:
e) Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.
Explanation:
Based on this information,Adonis Corporation is issuing a coupon paying bond.
- The $286,827 that they receive is the market price/ market value of the bond.
- The duration of the bond = 10 years, however, since the coupons are paid semiannually, there will be 10*2 = 20 payments in total.
- Semi annual coupon payment; PMT = (11%/2) *270,000 = $14,850
- The $270,000 is the face value of the bond which must be repaid at the end of the life of this bond.
- <em>Therefore, Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.</em>
Answer:
The Current and Acid Test ratios help show whether a company will be able to pay of its current obligations with its current assets.
<h2>
Current Ratio:</h2>
Camero : GTO
= Current Assets / Current liabilities = 3,500 / 1,000
= 5,200 / 2,000 = 3.50
= 2.60
Torino
= Current assets / Current liabilities
= 7,410 / 3,800
= 1.95
<h2>
Acid-Test ratio </h2>
Camero
= (Current Assets - Inventory - Prepaid expenses) / Current liabilities
= (5,200 - 2,600 - 200) / 2,000
= 1.20
GTO
= (3,500 - 2,420 - 500) / 1,000
= 0.58
Torino
= (7,410 - 4,230 - 900) / 3,800
= 0.60
Answer:
Results are below.
Explanation:
Giving the following information:
Selling price= $1.5
Unitary variable cost= $0.75
Fi<u>rst, we need to calculate the unitary contribution margin:</u>
<u></u>
Contribution margin= selling price - unitary variable cost
Contribution margin= 1.5 - 0.75
Contribution margin= $0.75
<u>Now, we can calculate the contribution margin ratio:</u>
contribution margin ratio= contribution margin/selling price
contribution margin ratio= 0.75/1.5
contribution margin ratio= 0.5
The answer is $6200.00
Based on https://taxfoundation.org/2014-tax-brackets/
The standard deduction single based on the source is $6200. Tax exemptions for singles are up to $52,800. The threshold on this tax is an annual salary of $254,200. Higher salaries would have higher tax deductions. Once a single tax holder enters $376,700 the person would no longer be included for higher exemption because of the gross compensation increase.